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Monthly Archives: August 2015

Chinese stocks plunge more than 6% – USA TODAY

August 18, 2015
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USA TODAY Chinese stocks plunge more than 6%USA TODAYBEIJING — China’s Shanghai composite index plunged more than 6% Tuesday and other Asian markets also declined as investors appeared to show a delayed reaction to news that China’s market regulator would allow market forces to play a greater role in …China’s stock market is crashing againBusiness...

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Tianjin blasts: Another of China’s ‘profound lessons’ – CNN

August 17, 2015
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TIME Tianjin blasts: Another of China’s ‘profound lessons’CNN(CNN) Apocalyptic scenes of the smoldering aftermath of successive explosions in Tianjin have once again illustrated the dangers of Chinese industry. Lax safety procedures and oversight have been blamed for the blasts, which have killed more than 100 …China Scrambles to Reassure Wary Tianjin Residents Over Possible Chemical...

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Death toll rises in China blast amid contamination fears – USA TODAY

August 16, 2015
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USA TODAY Death toll rises in China blast amid contamination fearsUSA TODAYThe death toll following a series of explosions at a warehouse storing hazardous materials in China rose to 112 Sunday, as authorities worked to remove chemical contamination. Some 95 people, including 85 firefighters, remain missing following the …Rescuers work to clear China blast...

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China devalues its currency: What you need to know – CNN

August 12, 2015
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CNN China devalues its currency: What you need to knowCNNTrump and others say China is purposely weakening the yuan, also known as the renminbi, to lower the cost of its exports. This has fueled talk of a currency war, where countries use exchange rates to keep their products competitive on global markets.Yuan and you:...

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Cheaper Chinese Currency Has Global Impact – Wall Street Journal

August 12, 2015
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Wall Street Journal Cheaper Chinese Currency Has Global ImpactWall Street JournalChinese officials have cut interest rates four times in the past 12 months, increased the amount of money banks can lend out and pumped funds into the stock market—measures meant to boost domestic demand in the world’s second-largest economy.Why Did China Devalue Its Currency?...

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Typhoon Hits Chinese Coast After Sweeping Over Taiwan – NPR

August 8, 2015
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NPR Typhoon Hits Chinese Coast After Sweeping Over TaiwanNPRTyphoon Soudelor — fresh from hitting Taiwan, where it left a handful dead and millions without electricity — is now ashore in mainland China, where it is expected to push inland before losing steam over the weekend. At least six people were killed …Typhoon Soudelor hits...

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